Earlier this year, Solana (SOL) was seen as an asset losing its appeal. However, the latest figures for 2025 paint a completely different picture.
As of now, trading volume on DEX platforms within the Solana network has exceeded $1 trillion – higher than the total volume for the year 2024. This impressive growth, although occurring quietly, indicates a significant recovery in the network's actual activity.
At the same time, futures trading based on Solana has skyrocketed by 234%. This indicates that professional traders are returning to the market with strong confidence and a strategy of using leverage – in stark contrast to the previous indifferent sentiment.
Accumulation signals from whales
The surge in volume has not gone unnoticed by major investors. Data from CryptoQuant shows that large-scale buy orders from whales are significantly increasing at the current price level – a clear sign of an accumulation phase, rather than capital outflow.
History shows that organizations and whales actively accumulating often indicate strong price rallies, while denying the argument that Solana still lacks stability. On the contrary, many investors see this as a golden opportunity to enter the market.
Aiming for the $200 mark: Is it feasible?
The big question now is: does the current momentum have enough strength to push SOL above $200?
With a noticeable increase in network volume, improving market sentiment, and sustainable buying pressure from major investors, Solana has gathered enough factors to continue a deeper price increase cycle. However, to reach the $200 mark, the market needs additional momentum – including stable volume, favorable macro conditions, and widespread confidence from the investor community.
Nevertheless, with the current signals, the $200 mark is no longer an unattainable dream.
